FMCG prices to rise 1–3% due to crude oil impact
after close1 source ↓written by the desknot a recommendation
- freight increasing
- 5–10%
- of FMCG costs
- 8–12%
Rising crude oil prices are pressuring India's FMCG sector, with costs for packaging and freight increasing by 5–10%. Analysts predict price hikes of 1–3% as companies adjust to these cost shocks. Key inputs like PET and LAB, which constitute 8–12% of FMCG costs, are driving this inflation. 📈
Not investment advice. For informational purposes only.